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The Bronx / Parkchester / 10462

25 METROPOLITAN OVAL

Boro2
Block3938
Lot7501
BBL2039387501
Class RM
Residential units
2,659
Units in total
2,719
Storeys
0
Year built
-
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

Lot area
951,289 sq ft
Building area
2,199,075 sq ft
Residential area
1,965,090 sq ft
Commercial area
233,985 sq ft
Office area
-
Retail area
233,985 sq ft
Buildings on the lot
39
Built floor area ratio
2.31
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$1,895,777
Assessed total value
$107,017,774
Exempt value
$69,155,275
Assessed per residential unit
$40,247

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RM
Neighbourhood
Parkchester
ZIP code
10462
Community district
The Bronx 9
Council district
18
Coordinates
40.83611, -73.858934

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Parkchester

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
9 METROPOLITAN OVALR43,85719400-
14 METROPOLITAN OVALR43,378-0-
1409 METROPOLITAN OVALRM2,121-3,690$205k
1701 PURDY STREETD122120210-
1722 PURDY STREETR4128-2,853$218k
63 METROPOLITAN OVALRM12819410-
2145 STARLING AVENUED610219281-
2141 STARLING AVENUED610119281-
2022 BENEDICT AVENUED19219280-
1381 CASTLE HILL AVENUEC77619241-
2112 STARLING AVENUED77619633-
1332 METROPOLITAN AVENUED461196242$148k

Every building on file in Parkchester